Even though disciplined sleeping habits and the adrenalin of live radio ensures that we are very awake while on duty, there is evidence of a phenomenon called circadian desynchronosis which causes one's brain to function slowly at those times of day when it thinks it should be asleep, regardless how wide awake the body is.
Evan DavisPersonally, I don't see old economics and behavioural economics as opposed. It is useful to assume people are rational as a good approximation to their long term behaviour, but it would be unwise not to think how in practice their behaviour may deviate from that simplifying assumption.
Evan DavisSome people harbour an awkward clash of feelings - homosexual attraction on the one hand and shame or embarrassment about that attraction on the other. It is well known that the mind struggles to sustain conflicting views.
Evan DavisInterestingly, human irrationality is a hot topic in economics at the moment. Behavioural economics it's called, on the cusp of economics and psychology.
Evan DavisOnce we are fed, heated, housed and healthy, our extra consumption inevitably has an element of luxury about it. And once luxury enters the scene, the practicalities are in trouble, as women who wear expensive stiletto heels can testify.
Evan Davis